This recent outfit we spotted on Reese Witherspoon has us thinking about updated classics, and how little things like accessories can go a long way in upping your overall style quotient.

She starts with a black button-front cardigan and on-trend jeans, then adds some red print heels and a red lip for kick.

The pièce de résistance of our budget-friendly recreation is this Barrington 'St. Anne Tote' which we've seen touted by many a stylish fashion blogger. You get the upscale look and quality of of, say, Louis Vuitton, at a fraction of the price (just $145, and you can add a monogram for $5!). This is a bag you'll carry all the time which brings the cost-per-wear down, too. Much classier than anything faux!

Read on for the complete look for less (because saving money is always in fashion):